Cloudy

57°F

Shelton, WA

Cloudy
Humidity: 89%
  • 2014 General Election Results Certified

    VOTEFinal Certification in Mason County. Each county certifies results on November 25, 2014. The Secretary of State certifies final results by December 4, 2014.The results posted before certification are unofficial. Voter turnout in Mason County was 59.5%. A total of 20,903 ballots were counted.… Read More +

  • 1
  • October Unemployment Rates Released

    UnemployByCountyOct2014Unemployment in Washington State ticked up to 6.0% in October from a rate of 5.7% the month prior. The federal unemployment rate crept down to 5.8%. Thurston County reported a modest 6.3% unemployment rate, which was notably lower than most neighboring counties, including 9.4% in Pacific… Read More +

  • 1
  • Huskies Prep For Apple Cup Vs. Washington St

    applecup2014Washington coach Chris Petersen had barely sat down Monday when he started getting peppered with questions about coaching in his first Apple Cup. Petersen at least wanted a moment to recognize what the Huskies accomplished over the weekend, becoming bowl eligible and taking some of the stress out of his first matchup with Washington State.

    Read More
  • 1

Ariz. Woman Sues Capital One for 'Bait and Switch' Offer

b_250_0_16777215_00_images_obgrabber_2013-09_c430724264.jpgHemera/Thinkstock(NEW YORK) -- Capital One is accused of using a "bait and switch" tactic with a 0 percent annual percentage rate offer by luring cardholders to accept the balance transfers then slamming them with interest charges on new purchases from the day they are posted with complicated accounting maneuvers, according to a lawsuit hoping to gain class action status.

The plaintiff who seeks class-action status, Margaret Murr of Surprise, Ariz., says she wrote an Access Check for $4,358.80 in October 2012 based on Capital One's 0 percent APR offer for 12 months.  The offer stated: "Write a check to yourself - 0% for 12 months" and "We will begin charging 0% interest on these checks and transfers on the transaction date."

The suit alleges that after Murr took Capital One up on the offer, in the following months, her payments were first applied partly to the special transfer balance, creating a shortfall in the regular purchase balance, even when Murr paid off the regular purchase amounts in full each month.

"By creating this shortfall, Capital One takes away the interest-free grace period and interest charges created by Access Checks begin accruing the moment a customer makes an ordinary credit card purchase during the Access Check's promotional period," the suit alleges.

So, when Murr made regular purchases during the month, she started racking up interest on those and subsequent purchases at 13.9 percent from the day the transactions posted to the account.  Unless a cardholder paid the entire balance of the transfer and the purchases right away, they would lose the no-interest deal.  If as little as $1 of the new purchases were not paid, the zero interest deal on the promo balance would disappear, kicking in a double-digit rate, the suit states.

"Nowhere in the 0% APR offer accepted by [Murr] did Capital One state that it would eliminate the grace period associated with [her] account unless she paid the entire purchase balance and special transfer balance immediately and in full," the lawsuit states.

Capital One Bank, a subsidiary of Capital One Financial Corp., headquartered in McLean, Va., is one of the largest issuers of Visa and MasterCard credit cards in the country.

Murr paid the associated 2 percent transaction fee and her balance in full each month, but was subject to "improperly incurred interest charges," late fees, lost the interest-free grace period associated with her Capital One credit card, and "has been the subject of derogatory credit reports and suffered negative credit consequences, and has been harassed by debt collectors," the lawsuit states.

A spokeswoman for Capital One declined to comment to ABC News due to the pending litigation.

"Capital One did not honor the deal we agreed to, and instead it cost me far more than if I simply did business with a different credit card company," Murr told ABC News.  "I feel like I was plundered by the barbarians in Capital One's commercials."

She accuses the bank of fraud, breach of contract, breach of the implied covenant of good faith and fair dealing, and violation of the Credit Card Accountability Responsibility and Disclosure Act of 2009.  Known as the Credit CARD Act, its aim was "to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan," the law states.

Copyright 2013 ABC News Radio

  1. Environment
  2. Recreation

Tweets

WashingtonSRC
WashingtonSRC - Via @SeaTimesOpinion 'debate iniciado por senador Padden para traer mayor diversidad en la corte suprema estatal. ow.ly/EHh1o

3 hours ago

WaHouseGOP
WaHouseGOP - .@awbolympia and #waag officials discuss port slowdown’s potential devastating impacts on #wabiz: ow.ly/ESM2w

3 hours ago

MasonCountyPUD1
MasonCountyPUD1 - Crew making emergency water line repair impacting house numbers 220-841 on Picadilly Rd. No time estimate yet on water restoration.

3 hours ago

westgov
westgov - San Francisco to tweak famous tap flavor by mixing in groundwater ow.ly/EOHm9 by @kurtisalexander #drought #wgadrought

3 hours ago

Public Notices